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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Earlier post.). Other efforts will include: Natural Gas.

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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

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The rising fuel economy of LDVs more than offsets the modest growth in VMT, resulting in a 25% decline in LDV energy consumption decline between 2012 and 2040 in the AEO2014 Reference case. Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8 per year, from 21.5

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EIA projects decline in transportation sector energy consumption through 2037 despite increase in VMT, followed by increase

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For the Transportation sector, EIA projects that energy consumption will decline between 2019 and 2037 (in the Reference case) because increases in fuel economy more than offset growth in vehicle miles traveled (VMT). However, US coal shipments, which are primarily via rail, decline slightly. trillion miles in 2018 to 3.5

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Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

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In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. —Brandt et al.

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IEA: improving efficiency of road-freight transport critical to reduce oil-demand growth; three areas of focus

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Improving the efficiency of road-freight transport is critical to reducing the growth in oil demand, carbon emissions and air pollution over the next decades, according to the International Energy Agency’s latest report, The Future of Trucks: Implications for energy and the environment.

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ExxonMobil predicts peak in light-duty vehicle liquid fuels ~2030, but ongoing role for oil in the mix

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As personal mobility increases, average new-car fuel economy (including SUVs and light trucks) will improve as well, rising from about 30 miles per gallon (7.83 However, oil will continue to play a leading role in the world’s energy mix, the report finds. per year; oil demand decreases about 0.4% l/100 km) in 2040.

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EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

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Net petroleum imports as a share of total US liquid fuels consumed drop from 49% in 2010 to 38% in 2020 and 36% in 2035 in AEO2012. Under the Reference case, domestic crude oil production is expected to grow by more than 20% over the coming decade; already, domestic crude oil production increased from 5.1

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